TXO Partners, L.P.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $401.0M | $282.8M | $380.7M | $246.4M | $228.3M |
| Operating expenses | $431.6M | $289.7M | $504.5M | $272.1M | $184.2M |
| Operating income | -$30.6M | -$6.9M | -$123.8M | -$25.7M | $44.2M |
| Interest expense | $17.0M | $7.9M | $4.4M | $8.2M | $5.9M |
| Net income | -$21.6M | $23.5M | -$104.0M | -$7.7M | $52.5M |
| Balance Sheet | |||||
| Cash and equivalents | $9.4M | $7.3M | $4.5M | $9.2M | — |
| Current assets | $95.3M | $64.4M | $55.2M | $74.0M | — |
| Total assets | $1.4B | $1.0B | $695.6M | $924.6M | — |
| Current liabilities | $153.9M | $66.3M | $39.1M | $147.5M | — |
| Cash Flow Statement | |||||
| Cash from operations | $118.2M | $109.3M | $77.2M | $136.4M | $73.7M |
| Depreciation and amortization | $96.6M | $52.4M | $44.3M | $41.4M | $39.9M |
| Stock-based compensation | $16.3M | $6.2M | $3.5M | $0 | $2.4M |
| Capital expenditure | $4.8M | $5.4M | $700,000 | $6.7M | — |
| Free cash flow | $113.4M | $103.9M | $76.5M | $129.7M | — |
| Impairments | $42.4M | $0 | $223.4M | $0 | $0 |
Shares outstanding 55.2M · Free float 45.5%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.